Dear American members of filmboards, what are you going to do with your $$?
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Woodyanders — 4 years ago(April 24, 2021 01:42 AM)
I'm putting as much money as I can in a savings account where it stays and gains interest on a monthly basis. I've been doing this for over ten years already.
You've seen Guy Standeven in something because the man was in everything. -
MovieManCin2 — 4 years ago(April 24, 2021 06:41 AM)
And what have you been earning on that: 1%, 0.5%? Your money should be in stock and bond mutual funds.
MAGA! FAFO!
Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder. 
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MovieManCin2 — 4 years ago(April 24, 2021 06:53 AM)
The USA headed into bankruptcy???
Sweetie, we passed bankruptcy
YEARS ago
. Our national debt is over
28 Trillion Dollars: $28,000,000,000,000!
And as astounding as that amount is, it's
peanuts
compared to our Unfunded Liabilities
(Social Security, Medicare, etc.)
Those are estimated at
250 Trillion Dollars: $250,000,000,000,000!
And yet our moron politicians just keep kicking the can down the road, and giving away money like the village idiot.
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder. -
TheAdlerian — 4 years ago(April 24, 2021 04:07 PM)
That's not true.
You can't lose money if you spend it internally.
You could give a trillion dollars to a crackhead and it would all go back into the economy. They will put it in the bank, spend it on cars, drugs, places to live, and so on.
That means all of that money will go to pay people for things, they will save it, buy more things, and so on thus stimulating the economy and then all of that money will go back to the government.
The idea of "losing money" is outdated because money isn't something like gold that people can hide in a box. Money is just numbers now and it all gets circulated endlessly. -
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TheAdlerian — 4 years ago(April 24, 2021 04:31 PM)
I do know how money work.
Money is a "fiat currency" which means it has no real value and is not real at all. Rich people determine its value.
So, you can't run out of money that's not real.
Even back in ancient Sparta, they knew this. Everyone used gold but in Sparta they used lead, which was worthless.
They did that because they didn't want outside influence also they didn't want Spartans getting tempted to spend outside of the country. So, if you had a lot of lead coins in Sparta, you were rich. If you stepped outside your bag of coins were worthless.
Money and telling people we are running out, etc is a way to manipulate stupid people.
It's a control technique to get others to hate people who are "wasting money" and make you afraid.